The central banks and their various allies go into overdrive to control all key markets in order to not let things get out of hand and possibly result in a public loss of confidence. Unfortunately for all of us they have absolutely no solutions to the problems that the world now faces. So things will just continue to deteriorate until we reach the stage where they control everything. At that point the Great Unwind begins in earnest.
There are many situations today for which there are no palatable solutions. The current chaos centers on the certainty that GREXIT is on the way. The overall ramifications of what will transpire are not fully known, but one thing we know for sure is that the outcome will be extremely disruptive. This process will be very dangerous for a world financial scene which is horrifically over-levered. And I say that without even factoring in the derivative issue, which will ultimately prove to be catastrophic.
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